CMTL sold

CMTL broke its stop loss price at $33.27 yesterday. We sold it at $34.10. Its buy price was $28.99 on May 27th 2009 for a 17% gain.

A quick summary on our performance since blog start in April 2009:

Have a nice week-end and see you soon for the new stop loss prices.

Portfolio, Performance and Stop Loss

July 1st 2009

This post is in some way a kind of a mid-year review of our performance.

I started publishing my trades in April, but I think it is fair to share my Year-To-Date performance.

I would like to start with our current portfolio, updated on June 30th 2009, after market close:


We currently have around 50% cash, since the market is still uncertain.

New stop loss prices have been calculated for the stocks we currently own, as follows:

And finally, a quick view to our 2009 performance (green) compared to the S&P500 (blue)

Results

June 17th 2009

From the date I opened this blog (April 2009) we closed 7 trades:

Stock	Buy Price	Sell Price	Gain (Loss)
AFAM	$17.41	$26.09	49.86%
DECK	$50.81	$54.23	6.73%
GHM	$15.57	$12.60	-19.08%
GIGM	$6.53	$5.64	-13.63%
TRLG	$10.53	$20.00	89.93%
VPHM	$4.71	$5.69	20.81%
RECN	$14.02	$17.21	22.75%

On these 7 trades we have 2 losers and 5 winners and, except for DECK, our winners gained more than what our losers lost. That is a benchmark I like:

• 70% winning trades
• 17% average loss for losers
• 38% average gain for winners

Our average gain on these 7 trades is: 22.48%.

Why don't you share this blog with some friends?